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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 231.83+1.7%Jan 16 9:30 AM EST

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To: dhellman who wrote (22175)12/11/2000 5:26:03 PM
From: andreas_wonischRead Replies (1) of 275872
 
Dhellmann, Re: AMD Expects Fourth-Quarter Sales and Earnings Will be Lower Than Anticipated

Very disappointing, especially the EPS target (that's negative EPS growth over Q3). It wasn't probably a very good idea to shift expenses from Q3 to Q4 to meet the Q3 numbers. Interesting enough the stock is at $17 AH as I write. (down 3/16 from the close) Looks like the news of this warning was already factored in... Maybe we ignored to many warning signs in the last few days (warnings, severe price cuts etc.).

Andreas
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